Sea
VC Fund
Singapore, Singapore
Sea is a VC fund in Singapore focused on Internet and Software. Sea is the leading consumer internet company in Southeast Asia and Taiwan. Our mission is to better the lives of the consumers and small businesses of our region with technology.Our businesses include:Shopee, our region’s largest and most popular e-commerce platform. Launched in 2015, Shopee was designed to be mobile-first and highly social,offering buyers and sellers a trusted and enjoyable shopping experience. In 2018, Shopee recorded over 603 million orders, and GMV of $10.3 billion. Shopee was also the most downloaded shopping app in Southeast Asia and in Taiwan.Garena, a global leading games company. Garena is the developer of Free Fire, the global smash hit mobile battle royale game with over 450 million registered users and 50 million peak daily active users as of May 2019, making it one of the most popular games in the world. Garena is also the largest games publisher in the region, bringing AAA mobile and PC titles such as Arena of Valor, League of Legends, and Speed Drifters to gamers in Southeast Asia. Garena also leads the growth of esports in our region. Its annual flagship event, Garena World, is the largest and most influential esports event in Southeast Asia.SeaMoney, a leading digital payments and financial services provider in Southeast Asia. SeaMoney’s offerings include mobile wallet services, under the AirPay and ShopeePay brands, which provide users with easy access to digital payment services. Sea is headquartered in Singapore, and listed on the New York Stock Exchange under the ticker symbol ‘SE’. Our IPO in October 2017 was the largest US public listing ever by a Southeast Asian technology company.
- Total investments:
- 23
- Last investment:
- Lead investor:
- 61%
Last updated:
For AI agents: llms.txt
Industries Sea invests in
Stages Sea invests in
Countries Sea invests in
Round sizes
Contacts
| Name | Phone | Socials | |
|---|---|---|---|
Round size
- Seed
- $2.8M–$1B
- Series A
- $1.5M–$6M
- Series B
- $23M–$200M
Investment Focus
Industry
- Internet 3 (13%)
- Software 3 (13%)
- E-Commerce 3 (13%)
- Mobile Apps 3 (13%)
- Information Technology 3 (13%)
Stage
- Seed 5 (22%)
- Series B 5 (22%)
- Series A 4 (17%)
- Grant 1 (4%)
- Series C 1 (4%)
Country
- Singapore 6 (26%)
- United States 4 (17%)
- China 3 (13%)
- France 1 (4%)
- Mexico 1 (4%)
Team
| Name | Title | Investments | Links | |
|---|---|---|---|---|
|
Forrest Li
Founder & Group CEO
|
Founder & Group CEO | Total investments: 1 | Find email | |
|
Gang Ye
Group Chief Operating Officer & Co-Founder
|
Group Chief Operating Officer & Co-Founder | Total investments: 0 | Find email | |
|
Nok Anulomsombut
Chief Executive Officer of Thailand
|
Chief Executive Officer of Thailand | Total investments: 0 | Find email | |
|
Santitarn Sathirathai
Group Chief Economist
|
Group Chief Economist | Total investments: 0 | Find email | |
|
Tony Hou
Senior Vice President & Group CFO
|
Senior Vice President & Group CFO | Total investments: 0 | Find email | |
| See all 7 team members → | ||||
Investments
| Company | Description | Round | Links |
|---|---|---|---|
|
|
Astrocade AI is an AI-powered social gaming platform that allows anybody to create games and interactive experiences. | Series A / May 05, 2026 | |
|
|
Advanced Machine Intelligence develops artificial intelligence systems that model real-world environments using sensor data. The organization focuses on building machine learning architectures that form abstract representations of physical and digital environments, allowing systems to reason, predict outcomes, and plan sequences of actions. Itsresearch includes world models that process continuous and complex data while filtering unpredictable elements to support structured decision making. The technology is designed to enable AI agents to evaluate the consequences of actions and operate under defined safety and control mechanisms. Advanced Machine Intelligence collaborates with industry and research communities to explore applications of these systems in areas such as industrial automation, robotics, wearable technology, and healthcare. The company also publishes research and develops software frameworks that support experimentation, deployment, and evaluation of intelligent systems. | $1B / Seed / Mar 10, 2026 | |
|
|
World Labs is an AI startup that can analyze visual data with comprehension akin to a person's, a substantial advancement above existing capacities. | $1B / Venture - Series Unknown / Feb 18, 2026 | |
|
|
MariBank operates as a digital bank. MariBank is a wholly owned subsidiary of Sea Limited. | $78M / Corporate Round / May 07, 2025 | |
|
|
MariBank operates as a digital bank. MariBank is a wholly owned subsidiary of Sea Limited. | $172.5M / Corporate Round / Jul 25, 2023 | |
|
|
Revel Games is a game developer that creates mobile gaming applications. As a more efficient way for its clients to solve problems, Revel Games, a brand and leadership development consultancy, develops and facilitates games. Additionally, Revel Games designs every program to meet the unique requirements of the client. | $4.5M / Seed / Mar 15, 2022 | |
|
|
Aleo provides a platform for building fully private applications using zero-knowledge technology. It offers a comprehensive toolkit that includes an application runtime environment, allowing software to compile, execute, and finalize its state autonomously. Aleo also supports a statically-typed programming language called Leo, designed specificallyfor private application development on the Aleo blockchain. The company engages its community through blogs and incentive programs to test the bounds of its decentralized technology. | $200M / Series B / Feb 07, 2022 | |
|
|
Refract is a game and technology company with expertise in extended reality (XR) and artificial intelligence (AI) for interactive entertainment and enterprise applications.AXIS, Refract’s man-machine interface, allows real-time full-body motion tracking for XR and game applications. Powered by proprietary software, the game controller requiresfewer nodes, no external base stations for positioning, and is priced to be more accessible to the masses.Refract is also an Official Global Partner of the Global Esports Federation and works with international sports federations such as World Taekwondo and World Archery. | $6M / Series A / Jan 25, 2022 | |
|
|
Markai is a venture-backed startup that builds bridges across borders through the acquisition and growth of category-leading e-commerce brands. These brands, which are based in Asia but primarily sell to western consumers, feature strong products and breakout potential, but lack the resources to scale. Once identified and acquired, we dramaticallygrow our brands by improving branding & marketing and scaling them across channels & geographies. To further power this growth, we’re building a direct-to-manufacturer supply chain in China that enables rapid product iteration informed by real-time consumer data.Our founding team hails from the US & China and came together by way of places like Stanford, Bain, BCG, Amazon and eBay. We bring decades of experience in e-commerce and M&A. We are backed by top-tier venture capital firms in the US and Asia as well as leading angel investors around the world. | $4M / Seed / Nov 24, 2021 | |
|
|
KAVAK is an online platform that offers insight into buying and selling used cars. It specializes in the fields of e-commerce, automotive, and retail. KAVAK e-commerce for the purchase and sale of pre-owned cars in Latin America. It was founded in 2016 and headquartered in Mexico City, Distrito. | $700M / Series E / Sep 22, 2021 | |
| See all 23 investments → | |||
Co-Investors
Access 48,091 investors
822 industries, 177 countries. Updated daily. Emails and phones included.
Browse database — It's Free!Find investors for your startup
Search 48,091 investors by industry and country. Emails and phones included.
Similar Investors
Similar industry
Similar country
Featured in Investor Lists
Recommended lists
FAQ
What does Sea invest in?
Sea invests primarily in Internet, Software and E-Commerce startups, most often at Seed and Series B stage. Most of the 23 investments tracked by Shizune back companies in Singapore. The Investment Focus section breaks down every industry, stage and country in the portfolio.
What is Sea's check size?
Sea typically joins rounds of $2.8M–$1B at Seed, $1.5M–$6M at Series A and $23M–$200M at Series B. These ranges are 10th–90th percentile round sizes calculated from confirmed public funding rounds, so they are a realistic guide to the rounds Sea participates in.
How do I contact Sea?
Public channels for Sea include LinkedIn, X (Twitter) and the website linked on this profile. For a verified work email and phone number, create a free Shizune account — contact data is searched across 20+ sources and validated before delivery, so your outreach lands in the right inbox.
Who are the partners at Sea?
The team at Sea includes Forrest Li (Founder & Group CEO), Gang Ye (Group Chief Operating Officer & Co-Founder) and Nok Anulomsombut (Chief Executive Officer of Thailand), among 7 team members tracked by Shizune. The Team section lists each member with their title, investment count and links.
Is Shizune's investor data accurate?
Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Aug 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.
Contact your first 100 investors today
Find who invests in your industry, stage, and country. Download investor list with emails in 5 minutes.
Find investors — It's Free!